Where can I find the audited consolidated financial statements for Chick Fil A?
Chick_Fil_A Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit "C" to this Disclosure Document includes (i) the audited consolidated financial statements of Chick-fil-A, Inc. and its subsidiaries, which comprise the consolidated balance sheets as of December 31, 2024 and 2023 and the related consolidated statements of comprehensive earnings, of stockholders' equity and of cash flows for each of the three years (2024, 2023, and 2022) in the period ended December 31, 2024.
Source: Item 21 — Financial Statements (FDD page 102)
What This Means (2025 FDD)
According to Chick Fil A's 2025 Franchise Disclosure Document, the audited consolidated financial statements of Chick-fil-A, Inc. and its subsidiaries are included as Exhibit "C" to the Disclosure Document. These statements comprise the consolidated balance sheets as of December 31, 2024, and 2023, along with the related consolidated statements of comprehensive earnings, stockholders' equity, and cash flows for each of the three years in the period ended December 31, 2024 (2024, 2023, and 2022).
As a prospective franchisee, reviewing these financial statements is crucial. They provide a detailed overview of Chick Fil A's financial health, including assets, liabilities, equity, revenues, and expenses. Understanding these statements can help you assess the financial stability and performance of the company.
Specifically, pay close attention to the balance sheets to understand Chick Fil A's assets and liabilities, the income statements to evaluate profitability trends, and the cash flow statements to see how the company generates and uses cash. The auditor's report, which accompanies the financial statements, offers an independent opinion on the fairness of the presentation of the company's financial position and results of operations.